<b></b><p></p><p><b><b>It&amp;’s the perfect scenario. Arsenal need more room for a new stadium - the old stadium is in the ideal location for residential development. Steve Menary reports on the many stadia-to-housing opportunities in the offing, and looks at some of the obstacles to progress</b></b><br><b>Housebuilders monitoring Arsenal Football Club&amp;’s proposals for a new stadium in north London will have been cheered by Islington Council&amp;’s decision to approve the &amp;£250 million scheme. Not because there is an unusually large number of Arsenal fans in the housebuilding fraternity, but because the go-ahead for the scheme has prompted a scramble to snap up the club&amp;’s old ground, Highbury.</b><br><b><b>Gooners gone</b></b><br> Because while the Gooners, as Arsenal are known to their fans, pop across to a new stadium that looks quite stunning in the brochure, another proposal has been approved to turn Highbury into 550 flats. </p><p>Some units will be built in the listed East and West Stands, which are being retained, and a number of housebuilders are in negotiations with Arsenal over buying the site.</p><p>This is the latest in a number of stadia-to-housing projects that have sprung up since the tragedy at Sheffield Wednesday&amp;’s Hillsborough Stadium in April 1989.</p><p>The disaster killed 96 fans and led …